Residential Property - Single Family Residence in Sarasota
Listing Price: $2,500,000
Description of Property
Waterfront Gem – Steps to St. Armands, Lido Beach & the Future St. Regis | 7-Day Rentals Allowed. | Full Gulf Access | Boatable This rare waterfront opportunity offers 87 feet on the wide section of Pansy Lagoon with a reverse pie-shaped lot that widens to approximately 152 feet deep, creating an ideal private backyard oasis. With Privacy walls surrounding the property you have all you need in water, sun and fun! Just a short walk to world-famous Lido Beach, the vibrant dining and shopping of St. Armands Circle, and the soon-to-open St. Regis Resort, this location is one of Sarasota’s most coveted. With 7-day rental eligibility, it’s perfect as a luxury retreat or income-producing investment. The home has been professionally remediated after storm-related water intrusion and taken down to the studs—The rebuilding is ongoing with expected completion date of mid June! Major updates include a new ductwork, Drywall in, updated electrical, and brand new pool equipment in 2025. The roof, windows, exterior stucco, and seawall were replaced in 2018, along with a new dock that simply needs to be reset. Electric hurricane shutters, remote privacy screens, and hurricane-rated shades were also added in 2018 for peace of mind. Picture yourself floating in the pool while dolphins play in the lagoon, then heading out on foot to enjoy award-winning restaurants like Columbia, Shore, Café L’Europe, and Crab & Fin. If you love to travel by boat head out to Marina Jack's, Dry Dock or Mar Vista just a short boat ride away! This property and area allow only private boat traffic. With incredible walkability, significant updates, and rental flexibility, this property offers unmatched potential in one of Sarasota’s most desirable waterfront neighborhoods.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Saint Armands Div John Ringling Estates
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 2,230
Sq. Ft. Living Area: 1,367
Cost per (heated) sqare foot: $1,829
Year built: 1963
Annual Tax: $26,000
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: None
Window Features: Shutters
Flooring: Travertine
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Water Front: Yes
Water Frontage: Lagoon
Water Access: Yes
Water Access Type: Lagoon
Water Name: PANSY LAGOON
Exterior & Construction
Architectural Style: Coastal
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Parking Features: Off Street
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Rear Porch
Security Features:
Other Structures:
View: Water
Fencing: Stone
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Street Dead-End
Lot Size (acres): 0.24
Lot Size (sq. ft.): 10,446 square feet
Road Frontage: Street Paved
Front Exposure: Southeast
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 2014040020
Zoning: RES
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 29, BLK 9, ST ARMAND S DIV, THE JOHN RINGLING ESTATES, LESS BEG AT ELY COMMON COR OF LOTS 28 & 29 OF SAID BLK 9 TH NWLY ALONG LOT LINE 135 FT M/L TO WATERS OF SARASOTA BAY TH NLY ALONG SAID WATERS
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.